The federal government says gasoline prices are expected to stay relatively low. The Energy Information Administration on April 14 said:
Regular-grade gasoline retail prices, which averaged $3.81 per gallon last summer, are projected to average $2.23 per gallon during the current driving season. The monthly average gasoline price is expected to peak at about $2.30 per gallon late this summer.
Diesel fuel prices, which averaged $4.37 per gallon last summer, are projected to average $2.27 this summer. However, because short-term prices can be quite volatile, weekly prices will be higher (or lower) than the monthly average. In addition, if consumption turns out to be greater than projected in this Outlook, there could be increases in the monthly price averages.
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